Luckin Coffee Inc (LKNCY): Thoughts on how stripped shares get ledg...

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Re: xgin post# 135

Sunday, 07/05/2020 11:58:16 PM

Sunday, July 05, 2020 11:58:16 PM

Thoughts on how stripped shares get ledgered?

My initial thought is that this has a profound positive impact on the balance sheet similar to a large buy back. Or would his shares get liquidated to payback ipo investment bank losses? His massive share stake will have a huge impact on share price in how this gets settled.

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